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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________
FORM 8-K
_________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 2, 1996
MICHAEL FOODS, INC.
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(Exact name of registrant as specified in its charter)
DELAWARE 0-15568 41-1579532
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification
Number)
324 PARK NATIONAL BANK BUILDING
5353 WAYZATA BOULEVARD
MINNEAPOLIS, MINNESOTA 55416
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(Address of principal executive offices) (Zip Code)
(612) 546-1500
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(Registrant's telephone number, including area code)
NOT APPLICABLE
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
On December 2, 1996, Michael Foods, Inc. announced that Richard Olson
resigned from its Board of Directors.
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ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits
Exhibit Number Description
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20 Press release of Michael Foods, Inc., issued
December 2, 1996.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: December 5, 1996
MICHAEL FOODS, INC.
By: /s/ John D. Reedy
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John D. Reedy, Vice President-Finance,
Chief Financial Officer and Treasurer
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EXHIBIT INDEX
Exhibit Number Description Page
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20 Press release of Michael Foods, Inc., issued
December 2, 1996.
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[MICHAEL FOODS INC. LETTERHEAD]
CONTACT: MARK D. WITMER
Director of Corporate Communications
(612) 546-1500
For Immediate Release
OLSON RETIRES FROM MICHAEL FOODS BOARD
MINNEAPOLIS, December 2 -- Michael Foods, Inc. (Nasdaq\NMS-MIKL) announced
today that former CEO Richard Olson has resigned from its Board of
Directors for personal reasons. Olson's retirement is effective
immediately. He served as Michael Foods' Chief Executive Officer from 1987
- 1993 and has been a director since the Company's formation in 1987.
Gregg Ostrander, Chief Executive Officer, commented, "We thank Dick for his
many years of dedicated service to Michael Foods. His leadership and
counsel have been appreciated by management and his fellow directors."
Michael Foods, Inc. is a diversified food processor and distributor with
particular interests in egg products, refrigerated grocery products, frozen
and refrigerated potato products and specialty dairy products. Principal
subsidiaries include M. G. Waldbaum Company, Crystal Farms Refrigerated
Distribution Company, Northern Star Co. and Kohler Mix Specialties, Inc.
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12-2-96
